Paterson City, NJ 07501 107 Jersey St
$650,000
Pending



24 more

























Presented By: ADDISON REAL ESTATE; 862-251-4915
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lotproperty offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rentalincome. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attractinglong-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just offRoute 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionalsseeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don'tmiss out schedule your showing today! Ground level can only be commercial*
Presented By: ADDISON REAL ESTATE; 862-251-4915
Interior Features for 107 Jersey St
Bathrooms
Num Units w/Full Bath2
Num Units w/Half Bath1
Half Baths1
Other Interior Features
Price Per Sq Ft201.00
Available Sq Ft0
Num 3 Bdrm Units3
Num 2 Bdrm Units3
Num 1 Bdrm Units
BasementUnfinished
Fuel TypeGas-Natural
Total Stories3
General for 107 Jersey St
ConstructionSee Remarks
CoolingWindow A/C(s)
CountyPassaic
DirectionsFollow I-80 W to NJ-19 N in Paterson. Take exit 57 B from I-80 W. Take exit 57 B toward Downtown/Paterson. Take Marshall St to Grand St.
Documents AvailableSee Remarks
DriveOff-Street Parking
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Kitchen Area, Smoke Detector
Garage Spaces
Heating3 Units
Leasable Area
Lease InformationMonth-To-Month
LocationBusiness District, Corner, Highway Location
Num Apts2
Number Of Units Total3
OwnershipFee Simple
PossessionTBD
Property TypeMixed Use, See Remarks, Store With Apartment
Property TypeMixedUse
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount10704
Tax Assessed Value210100
Tax Lot20
Tax Year2024
Town #2508
TownshipPaterson City
UtilitiesGas-Natural
Year Built1940
ZoningMix
Exterior for 107 Jersey St
Building Area Total
Exterior DescriptionAluminum
Lot Dimensions25X37
Lot FeaturesCorner
Lot Size Acres0.02
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
